Diagnosis of Work Output in Small Construction Enterprises as the Basis for their Effective Functioning and Economic Security
Journal Title: Бізнес Інформ - Year 2014, Vol 12, Issue 0
Abstract
The aim of this article is evaluation of the level of economic security of small construction enterprises whose main activity is construction of buildings. It has been suggested to determine the level of economic security of construction enterprise by comparing the growth rate of net profit to the growth rate of work output. A matrix of defining the level of economic security of construction enterprise has been presented, which is based on both the change of status of construction enterprise, and the results of its ongoing activities. The presented matrix distinguishes between 12 possible states of economic security for a construction enterprise. On results of the study has been determined, that identifying the relationship and elaboration of econometric dependencies between the resulting indicators of performance of small construction enterprises and the work output are not feasible. Such modeling does not produce a sufficiently high representative estimates for future forecasting.
Authors and Affiliations
Anastasia Kushniruk
Keywords
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